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North Carolina · Nonprofit

WILKES ECONOMIC DEVELOPMENT CORPORATION

WILKES ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 4 organizations whose IRS filings report $3,478,500 to it, the largest being THE GOLDEN LEAF INC ($3,128,000). 2 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
4
Grants received
$3.5M
Net assets
$5.9M
2/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Wilkes Economic Development Corporation does

Mission

Economic development of wilkes county

As stated on its FY2025 Form 990.

Program

  1. Acting as an advisory council to local governmental agencies and businesses in wilkes county, nc, where recommendations of goals and objectives are given for future economic development.

    $566,006 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $566,006.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($442k) Expenses 100 ($400k) Net assets 100 ($1.5M)2018 Revenue 81 ($359k) Expenses 90 ($359k) Net assets 100 ($1.5M)2019 Revenue 84 ($370k) Expenses 89 ($357k) Net assets 101 ($1.6M)2020 Revenue 120 ($532k) Expenses 111 ($442k) Net assets 107 ($1.7M)2021 Revenue 85 ($375k) Expenses 140 ($560k) Net assets 95 ($1.5M)2022 Revenue 585 ($2.6M) Expenses 112 ($446k) Net assets 233 ($3.6M)2023 Revenue 323 ($1.4M) Expenses 140 ($561k) Net assets 289 ($4.5M)2024 Revenue 253 ($1.1M) Expenses 196 ($784k) Net assets 310 ($4.8M)2025 Revenue 339 ($1.5M) Expenses 181 ($722k) Net assets 380 ($5.9M)
'17'18'19'20'21'22'23'24'25
Revenue (339)Expenses (181)Net assets (380)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.5M to $3.6M (+146%).

$1.5M
$1.5M
$1.6M
$1.7M
$1.5M
$3.6M
$4.5M
$4.8M
$5.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 83% · 2018 99% · 2019 96% · 2020 83% · 2021 91% · 2022 99% · 2023 98% · 2024 67% · 2025 52%. Grants only. Government contracts and fees sit inside program revenue.

84% of WILKES ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$43k
’17
−$73
’18
$12k
’19
$90k
’20
−$185k
’21
$2.1M
’22
$869k
’23
$334k
’24
$779k
’25
24
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Amy Blair

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151518181715171920
Joined·+3+6+5+3+2+4+4+6
No longer listed·33544225
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $114k → $85k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $5k from one payer (the same organization on both sides, largest Wilkes Economic Development Corporation). These are real filings, and they are not money WILKES ECONOMIC DEVELOPMENT CORPORATION raised.

From the IRS filings of WILKES ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WILKES ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 90% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WILKES ECONOMIC DEVELOPMENT CORPORATION.

90%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 55% · 2021 100% · 2022 50% · 2023 59% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WILKES ECONOMIC DEVELOPMENT CORPORATION's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WILKES ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin52% · top quartile
Months of reserve23.8mo · top quartile
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like WILKES ECONOMIC DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 15%Fundraising 7%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for WILKES ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WILKES ECONOMIC DEVELOPMENT CORPORATION?
WILKES ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 4 organizations whose IRS filings report $3,478,500 to it, the largest being THE GOLDEN LEAF INC ($3,128,000). 2 of them have funded it in more than one year.
How many funders does WILKES ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 4 organizations giving $3,478,500 in grants to WILKES ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of WILKES ECONOMIC DEVELOPMENT CORPORATION?
THE GOLDEN LEAF INC is the largest funder on record, with $3,128,000 in grants. The full list of funders is on this page.
How can an organization like WILKES ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing